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SP at 241. Wish I had bought more calls
Inventory has reduced a lot, this will greatly help cash flow.
I expect non-gaap break-even or small profit. More than $1 Billion in operating cash flow !
Tesla usually doesn't give guidance for future production/deliveries when they do their quarterly production/delivery numbers(I think the one exception was they gave guidance for Q3 2018 numbers when they announced Q2 numbers....I could be wrong though).
But if Tesla announced something like 93-94k deliveries and then said something like 110-120 deliveries for Q3, I could see it trouncing any attempt for a bear attack. I always wish/hope that they can get to a point in their production of both the cars and the batteries to give production/delivery numbers at the beginning of the new quarter when the previous quarters numbers are announced. Would help the narrative I feel. We all know that when they announce numbers tomorrow or Friday, that bears will shout to the heavens that this is the peak and that it's all downhill from here.
Wait until CNBC and Bloomberg tell you why it isn't.So far, this win feels like a win!
So M3 production is still about 5500 per week.
So M3 production isabout 5900 per week.
Edit for math issue
Yeah, that’s why the “so far” bit is there …Wait until CNBC and Bloomberg tell you why it isn't.
So record production/deliveries plus higher totals for Q3, how will the bears spin this?
no reason for celebration my arssSo...this is good news....right/S
T
95.2k deliveries is a very nice beat!